 In December 2008, the company opened the 654-bed Maverick County Detention Center in Eagle Pass, Texas.On August 12, 2010, the company acquired Cornell Companies, formerly Cornell Corrections, for $730 million in stock and cash.In February 2011, GEO acquired BI Incorporated, provider of electronic offender-tracking equipment and services, founded in 1978 and based in Boulder, Colorado, for $415 million.